Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage model risk and ensure compliance with regulatory requirements at Tesco Bank.
- Company: Join Tesco Bank, part of Barclays Bank UK Plc, in a dynamic team.
- Benefits: Enjoy competitive salary, private medical insurance, and generous holiday allowance.
- Why this job: Play a key role in shaping the future of model risk management.
- Qualifications: Experience in banking, model validation, and strong communication skills required.
- Other info: Embrace a diverse and inclusive workplace with excellent career growth opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Serving our customers, communities, and planet a little better every day.
Salary - Up to £, + annual bonus & benefits
Location - Edinburgh
Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office 3 days per week for this position.
Closing Date - Applications close on March 6.
A career that works for you. We’re looking for a Model Risk Senior Manager to join our Provisions and Model Risk Oversight team at Tesco Bank, part of Barclays Bank UK Plc. This is a great time to join as you will play a significant part in the transition to the Barclays Model Risk Framework.
You’ll play a vital role in the ongoing management of Model Risk within Tesco Bank and be responsible for providing independent assurance of the models used. You’ll be working within the Tesco Bank Risk team, alongside model developers and users, and the Barclays Independent Model Validation Unit.
What you’ll be doing:
- Maintaining the Tesco Bank model risk governance framework by ensuring that all our models are subject to appropriate validation and satisfy all regulatory requirements.
- Working closely with key stakeholders to deliver effective and independent oversight of the models used in all areas of Tesco Bank.
- Support the transition of our models to the Barclays Model Risk Framework.
We need you to have:
- Experience of working across a wide range of Banking disciplines, which should include Finance, Credit Risk and Commercial Functions.
- Knowledge and understanding of model build, validation and governance within Retail Banking.
- Excellent oral and written communication.
- Ability to influence at all levels of the organisation.
And if you have any of these, even better:
- Advanced Analytical Capability with in-depth knowledge of statistical and mathematical techniques and models used within Retail Banking.
- Strong understanding of the Regulatory agenda.
- Degree qualified or equivalent.
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.
What’s in it for you:
- Plan confidently for the future with our non-contributory colleague pension scheme.
- Access Private Medical Insurance, including a convenient GP service.
- Enjoy a discretionary annual incentive.
- Take time to rest and recharge with days’ holiday plus 8 bank holidays.
- Make the most of our family-friendly benefits, including enhanced maternity pay, shared parental leave and paid paternity leave.
- Grow your skills with our ongoing learning and development opportunities, designed to help you build the career you want.
- Choose from a range of flexible benefits so you can tailor a package that works best for you.
Everyone’s welcome:
We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
Model Risk Senior Manager in Edinburgh employer: Tesco Bank
Contact Detail:
Tesco Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Model Risk Senior Manager in Edinburgh
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers – it helps you showcase your skills effectively!
✨Show Your Passion
When you're chatting with potential employers, let your enthusiasm shine through! Talk about why you're excited about the role and how you can contribute to their mission of serving customers and communities.
✨Apply Through Our Website
Don't forget to apply directly through our website! It shows you're genuinely interested in joining us at Tesco Bank, and it makes it easier for us to spot your application.
We think you need these skills to ace Model Risk Senior Manager in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Model Risk Senior Manager role. Highlight your experience in Banking disciplines, especially in model build and validation, to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit for our team at Tesco Bank.
Showcase Your Communication Skills: Since excellent communication is key for this position, ensure your written application is clear, concise, and free of jargon. We want to see how well you can convey complex ideas simply!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Tesco Bank
✨Know Your Models Inside Out
As a Model Risk Senior Manager, you'll need to demonstrate a solid understanding of model build, validation, and governance. Brush up on the models relevant to Tesco Bank and be ready to discuss their strengths and weaknesses. This shows you’re not just familiar with the theory but can apply it practically.
✨Communicate Clearly and Confidently
Excellent oral and written communication skills are a must for this role. Practice articulating complex concepts in simple terms, as you’ll need to influence stakeholders at all levels. Consider preparing a few key points about your experience that highlight your communication prowess.
✨Showcase Your Analytical Skills
Highlight your advanced analytical capabilities during the interview. Be prepared to discuss specific statistical and mathematical techniques you've used in past roles. This will help you stand out as someone who can bring valuable insights to the team.
✨Understand the Regulatory Landscape
Having a strong understanding of the regulatory agenda is crucial for this position. Familiarise yourself with current regulations affecting model risk in retail banking. Being able to discuss how these regulations impact model governance will show that you’re proactive and well-informed.